PETALING JAYA: Malaysian small and medium enterprises (SME) on eBay export to an average of 30 international markets, with the United States, the United Kingdom, Australia, Germany, Canada, Italy, France, Japan, China, and Spain emerging as the top markets. The top five categories for Malaysian SME on eBay are auto parts, home & garden, health & beauty, cellphones and accessories, and… Source link

Chief statistician Datuk Seri Mohd Uzir Mahidin said generally, the growth of SMEs’ GDP will exceed Malaysia’s GDP but since 2020, the SMEs’ GDP has recorded slower growth than Malaysia’s GDP. ― Picture by Yusof Mat Isa Wednesday, 27 Jul 2022 1:54 PM MYT KUALA LUMPUR, July 27 ― Malaysia’s small and medium enterprises’ (SMEs) gross domestic product (GDP) in 2021 increased… Source link

Tuesday, 26 Jul 2022 7:00 PM MYT KUALA LUMPUR, July 26 — The Small and Medium Enterprises Association of Malaysia (Samenta) has sought the government to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as soon as possible following the release of the cost-benefits analysis by PricewaterhouseCoopers (PWC). According to a PWC study, Malaysia’s gross… Source link

Masidi (centre), Foo (fifth right), Callee (fourth right), Kai Teck (third left), Poon (fifth left) and others in a group photo at the Sabah roadshow of the PBA2022. KOTA KINABALU (July 25): The multiple challenges businesses face in Sabah have brought out the best in them, said Local Government and Housing Minister Datuk Seri Panglima Masidi Manjun. He said Sabah is slightly… Source link

KUALA LUMPUR: As post-pandemic Malaysia opens up with more industries resuming their operations, the economy has been hit with new challenges. With rising costs from the US Federal Reserve interest rate hikes to a running inflation, scarcity of resources due to the Ukraine-Russia crisis and a shortage of… Source link

PETALING JAYA: Industry groups have questioned the report putting Malaysia on Tier 3 in the US State Department’s Trafficking in Persons (TIP) Report for two consecutive years despite much improvement on the ground. They also questioned the credibility of the parties behind the report, the basis, methods of… Source link

PETALING JAYA: Lockdowns and manpower shortages have shrunk local small and medium enterprises’ (SMEs) sales by 30%, The Malaysian Insight reports. The group said current sales figures are even lower than pre-pandemic levels. SME Association of Malaysia president Ding Hong Sing reportedly said the movement control orders (MCOs) from March 2020 to last year were the main factors for the… Source link

SME Corp Malaysia is committed to ensuring the excellence of Malaysian brands with the National Mark of Malaysian Brand (NMMB) certification programme. Chief executive officer Rizal Nainy said in a statement that as Malaysia’s reopening is set to enter full steam by the third quarter, economic recovery… Source link

A recent study on SMEs in the country saw a 6% increase in recruitment in Q2 2022, versus a 5% increase in Q1 2022 over the previous quarters, signaling optimism towards further growth in the next few months. Malaysian small and medium-sized enterprise (SME) owners are optimistic about their future economic and business growth prospects, and have been hiring aggressively. In fact,… Source link

SMALL and medium enterprises (SMEs) are facing lower profit margins as they have to decline large orders due to the ongoing labour crunch. SME Association of Malaysia (SME Malaysia) president Ding Hong Sing explained that besides higher production costs arising from pricier raw materials as well as supply chain… Source link